Culture Is Key is located in Trenton, NJ. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Culture Is Key is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Culture Is Key generated $37.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $44.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OUR MISSION IS TO CHANGE THE TRAJECTORY OF YOUNG MEN AND WOMEN IN THE INNER CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Eric Bullock President | 10 | $4,000 | |
Sharon Corbit Treasurer | 1 | $0 | |
Randy Morrison Member At Large | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $37,800 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $31 |
Total Revenue | $37,831 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $25,000 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $19,206 |
Total expenses | $44,206 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,700 |
Other assets | $0 |
Total assets | $45,200 |
Total liabilities | $0 |
Net assets or fund balances | $45,200 |